National Jeweler Network

Majors

03/26/15

Signet to open 35 Zale stores this fiscal year

The new owner of Zale Corp. will open more Zales and Piercing Pagoda stores than it closes, marking the first time in years that the chain’s physical footprint won’t shrink.

03/24/15

Alex and Ani names new president

Harlan Kent is the former CEO of Yankee Candle and also held positions at C. Wonder and the Campbell Soup Company.

03/24/15

Pac Team opens first US factory

Located in Chicago, the Swiss company’s new facility will help its North American customers with a need for custom projects and on-site support as well as those working on short timelines.

03/23/15

‘Softness’ in U.S. leads to flat Q4 for Tiffany

A weak U.S. market brought down Tiffany’s fourth quarter same-store sales, though strong performances in the prior quarters boosted comps for the fiscal year. 

03/20/15

Target unveils one-year return policy for select items

Target Corp. is launching an extended return policy for certain store-branded items to increase the focus on its own brands and increase consumer ease, the retailer said.

03/13/15

Sales tax fairness resurfaces in Senate

After being passed by the Senate in 2013 but stumbling in the House, a bill designed to force online-only retailers to collect sales tax in every state is back. 

03/13/15

Assets of jewelry distributor to be sold

 A sale is set for equipment and other assets from defunct jewelry company Lia Sophia’s Ontario distribution center as well its headquarters and facility in Illinois.

03/11/15

Target cuts 3,100 jobs

Target Corp. is laying off 1,700 employees and letting 1,400 positions go unfilled as it restructures to focus on digital, smaller-format stores and personalization.

03/10/15

Blue Nile eyes Indian market

The e-tailer has signed a deal with Indian manufacturer PC Jeweller, establishing a partnership that will help Blue Nile evaluate jewelry demand in India.